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Satellite & Newspace Snapshot

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Satellite & Newspace Snapshot Global Recruitment & Executive Search Satellite & NewSpace Specialists MARCH 2021 Satellite & NewSpace Snapshot INDUSTRY INSIGHTS - LATEST NEWS No Let Up In February as NASA Lands on Mars In this issue: and Funding Free For All Omnispace Close $60m Funding Round Continues To Help Develop Satellite Network for 5G, IoT and Global Communications While it might be the shortest month of the year, February still managed to cram in a number of exciting developments and further innovation to keep up the strong start in 2021. In fact, so much has happened this February we SpaceX Announce Inspiration4 Mission and struggled to condense it into just a few articles! Offer The Chance to Win a Seat on a Falcon 9 This month we have seen NASA land its Perseverance rover on the surface of Mars, SpaceX launch more of it’s Starlink constellation and have a rare first stage landing failure, investment keeps rolling into the NewSpace Omnispace Lyteloop economy with a number of start-ups closing funding rounds and more established players like Telesat receive further funding as well exciting news SpaceX Axiom Space from Intelsat as they move closer to coming out of chapter 11. NASA Telesat As more and more positive development take place in the space industry we wait with baited breath to see what more 2021 has up its sleeves for us. Intelsat Osprey Technology BlackSky Acquisition www.neuco-group.co.uk [email protected] Market Insights Omnispace Close $60m Funding Intelsat Announce Agreement with Round To Help Develop Satellite Creditors to Reduce Debt By More Network for 5G, IoT and Global Than 50% Communications The world’s largest satellite operator, Intelsat, announced Omnispace announced this month they had closed a this month that they have come to an agreement with round of equity financing of $60m to keep the launch of their creditors to reduce its debt liabilities by over 50%. its’ global, hybrid network on course for 2022. Omnispace With the company due to exit chapter 11 later this year are aiming to be the first provider of 5g from space and are this is great news as they will be left stronger and more generating a huge amount of interest in their solutions. prepared for the future. Read article Read article Geospatial Intelligence Company SpaceX Announce Inspiration4 Mission BlackSky Set to Become a Publically and Offer The Chance to Win a Seat on Listed Company a Falcon 9 BlackSky, a world leading provider of geospatial SpaceX have teamed up with Shift4 Payments for the intelligence and data analytics company, have announced world’s first all-commercial astronaut mission. CEO of they will merge with Osprey Technology Acquisition Corp Shift4 Payments, Jared Isaacman, is donating a seat in a move that will see them become a publicly listed alongside him on the mission to one luck raffle winner, company and provide nearly $450m for future growth with all proceeds going to charity. plans. Read article Read article Lyteloop, The NewSpace Start-up Axiom Space Has Raised $130m in Using Lasers to Solve Storage Issues, Most Recent Funding Round Raises a Further $40m Axiom Space, a NewSpace start-up looking to build the Innovative NewSpace start-up, Lyteloop, announced first commercial space station, have announced that it additional funding of $40m to help them launch their has successfully closed a series B funding round that ha space based storage platform. Utilising inter-satellite laser generated investment of $130m. Hopefully, the funds will links, Lyteloop hope to launch its first satellite in the next help in keeping on track their plans to start launching in 3 to demonstrate its technology. 2024. Read article Read article www.neuco-group.co.uk +44 203 865 1330 [email protected] New episodes every Global Recruitment & Executive Search Wednesday! Enabling new The Tech That frontiers, faster. Connects Us Content & Media Satellite & NewSpace Connectivity Cyber Security.
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